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Manor Commons 11924 Ring Dr

13,144 SF 100% Leased Office Building Manor, TX 78653 £5,402,283 (£411/SF) 6.65% Net Initial Yield

Investment Highlights

  • Stable and Resilient Nationwide Tenants With Long Term NNN leases
  • New Construction, Constructed in 2024
  • Located Near Busy FM973 & US Hwy 290 Intersection(41,530 Traffic Volume)
  • Booming Austin, TX Submarket

Executive Summary

New Construction
- Constructed in 2024
- 1.29 Acres
- 13,144 Building Sf
- 10,416 sf Daycare
- 2,728 sf Medical Office
Booming Austin, TX Submarket
- Located in Manor, TX
- 9,448 Single Family Homes Planned & In Development
- 43,040 Population within 5 mile radius
Heavily Traveled Artery
- Located Near Busy FM973 & US Hwy 290 Intersection(41,530 Traffic Volume)
Stable and Resilient Nationwide Tenants With Long Term NNN leases
- The Learning Experience
- Daycare Franchise; 600 Active & Under Construction Locations Throughout the US
- Strong Pre-enrollment; 90 Active students
- Results Physiotherapy
- 200 Locations Throughout South East

Attractive building with 100% Brick and Timber Beams/Trusses. Conveniently located 1/4 mile from Hwy 290 at the entrance of the Manor Commons, 3 miles from SH 130 with easy access to the airport. Check out the brochure for additional information!

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
13,144 SF
Building Class
B
Year Built
2024
Price
£5,402,283
Price Per SF
£411
Net Initial Yield
6.65%
NOI
£359,263
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
13,144 SF
Building FAR
0.23
Land Acres
1.29 AC
Opportunity Zone
Yes
Parking
64 Spaces (4.87 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Reception
  • Bicycle Storage
  • Central Heating
  • High Ceilings
  • Natural Light
  • Recessed Lighting
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Results Physiotherapy
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
  • The Learning Experience
  • Educational Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Results Physiotherapy Health Care and Social Assistance 99,999 SF - Lorem Ipsum -
The Learning Experience Educational Services 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
526073
Land Assessment
£8,427
Improvements Assessment
£0
Total Assessment
£8,427
  • Listing ID: 33805975

  • Date on Market: 08/11/2024

  • Last Updated:

  • Address: 11924 Ring Dr, Manor, TX 78653

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